Gulf Shore Boulevard Market Report – Q4 2022

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GULF SHORE BOULEVARD MARKET REPORT, NAPLES, FLORIDAQ4 2022

SUMMARY

2
2022 2021 2020 2019 2018 2017 2016
164 27.75% 28  55.56% 2.30 286.76% 146  59.78% $3,147,688 34.15% 2016 2017 2018 2019 2020 2021 2022 Listed 285 251 306 293 268 227 164 Sold 161 160 175 189 215 363 146 Avg. Sale $ $1,579,922 $1,522,823 $1,480,448 $1,653,011 $1,749,288 $2,346,413 $3,147,688 BEACHFRONT 12 MONTH NEW LISTING AND CLOSED SALES - BEACHFRONT 12 MONTH AVERAGE SALES PRICE - BEACHFRONT
real property information
the copyrighted and proprietary
0 100 200 300 400 500 2022 2021 2020 2019 2018 2017 2016 Gulf Shore Boulevard, Naples - Beachfront
REPORT
Q4 2022
NEW LISTINGS CURRENT INVENTORY MONTHS OF SUPPLY CLOSED SALES SOLD AVERAGE SALES PRICE $
$500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000
$3,500,000
John R. Wood Properties, Bring Your Highest Expectations. “The source of this
is
database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2023, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.” Statistics include condominium units in buildings on the Gulf side of Gulf Shore Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and Coquina Sands.
MARKET
-
Data Represented on 12-Month Rolling Basis.
New Listings Average Sales Price Closed Sales
With 146 properties sold, sales were down 59.78% from the preceding 12-month period when 363 properties were sold. New listings were down 27.75%, from 227 to 164. The average sales price, at $3,147,688 was up 34.15% from $2,346,413. As of December 31, 2022, inventory stood at 28 units while months of supply was 2.30 months.

SUMMARY

3 59 28.92% 8 33.33% 1.66 148.28% 58 46.30% $1,171,427  50.16% 2016 2017 2018 2019 2020 2021 2022 Listed 116 84 101 96 117 83 59 Sold 60 64 61 59 66 108 58 Avg. Sale $ $604,389 $604,100 $637,405 $650,475 $622,031 $780,118 $1,171,427 BAYFRONT 12 MONTH NEW LISTING AND CLOSED SALES - BAYFRONT 12 MONTH AVERAGE SALES PRICE - BAYFRONT John R.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest
MLS, Marco Island MLS, Copyright
and the proprietary compilation of that data by John R. Wood Properties,
employees, and professional statisticians hired
the
firm. Accuracy of the information is
should be independently verified if any person intends to engage in
transaction,
data.” Statistics include condominium units in buildings on the
side of Gulf
Boulevard in the Naples neighborhoods of Park Shore, The Moorings, and
$500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,100,000 2022 2021 2020 2019 2018 2017 2016 0 25 50 75 100 125 2022 2021 2020 2019 2018 2017 2016 Gulf Shore Boulevard, Naples - Bayfront MARKET REPORT - Q4 2022 Data Represented on 12-Month Rolling Basis. NEW LISTINGS CURRENT INVENTORY MONTHS OF SUPPLY CLOSED SALES SOLD AVERAGE SALES PRICE $
Wood Properties, Bring Your Highest Expectations.
Florida
2023,
its
by
Wood
not guaranteed; it
a
relying on such
Bay
Shore
Coquina Sands.
sales
properties
New listings
units
New Listings Average Sales Price Closed Sales
With 58 properties sold,
were down 46.30% from the preceding 12-month period when 108
were sold.
were down 28.92%, from 83 to 59. The average sales price, at $1,171,427 was up 50.16% from $780,118. As of December 31, 2022, inventory stood at 8
while months of supply was 1.66 months.

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